Short Take: CMC Industries dealt blow by Micron

CMC Industries, a provider of contract manufacturing services to OEMs in the telecommunications, computer, and electronics industries, has received notification from Micron Electronics that the computer maker intends to terminate its manufacturing relationship with the Santa Clara-based company. CMC, which owed 21 percent of its revenue to Micron during its last fiscal year, said in a statement that termination of the Micron relationship may have "a material adverse effect" on its business and future earnings.

December 31, 19971:00 PM PST

CMC Industries, a provider of contract manufacturing services to OEMs in
the telecommunications, computer, and electronics industries, has received
notification from Micron Electronics
that the computer maker intends to terminate its manufacturing relationship
with the Santa Clara-based company. CMC, which owed 21 percent of its
revenue to Micron during its last fiscal year, said in a statement that
termination of the Micron relationship may have "a material adverse effect"
on its business and future earnings.